News

AZ, led lawmakers accusing the bureau of “lip service” over its refocus toward “threats” to service members and veterans, in ...
Sen. Gallego and 29 Senators seek explanation from CFPB on its reversal to include medical debt in credit reports.
CFPB ordered Navy Federal in November 2024 to pay $80 million to service members unfairly charged overdraft fees. CFPB terminated that mandate this month.
NEW YORK (AP) — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of President Trump’s “Big Beautiful Bill,” which is likely to lead ...
Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of President Trump’s “Big Beautiful Bill,” which is likely to lead to ...
The new plan would cap the CFPB’s access to funding at 6.5% of the Federal Reserve operating budget, decreased from its current limit of 12%. Senate Banking Committee Chairman Tim Scott, R-SC ...
In deference to this, Senate Republicans proposed lowering the amount the CFPB can draw from the Fed’s operating budget to 6.5%, about half of its current 12% level.
NEW YORK — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of President Donald Trump’s “Big Beautiful Bill,” which is ...
Senate Republicans have proposed cutting the Consumer Financial Protection Bureau’s (CFPB) funding by nearly half. The move is part of President Trump’s “Big Beautiful Bill” and could lead ...
The Senate Republicans’ move comes after their original proposal to cut the CFPB’s budget to zero was ruled in violation of Senate rules by the Senate Parliamentarian. Congressional Republicans are ...